New York Markets After Hours

Alumina says Alcoa JV dividend totaled $41 mln

SarahTurner

SYDNEY (MarketWatch) -- Shares of Alumina Ltd.
AWC, -2.14%AWC, -2.12%AWCMF, -9.93%
advanced 1.8% in early trading in Sydney on Friday after the firm said that it received $41 million in dividends over the third quarter of 2010 from its AWAC joint venture with Alcoa Inc.
AA, +1.54%
"Good progress is being made towards the goal of reaching design capacity at AWAC's Brazilian refinery by year-end," said Chief Executive John Bevan. Alcoa released its third-quarter earnings on Friday.

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